Loading chat...
IN HB1003
Bill
Status
5/1/2019
Primary Sponsor
Dale DeVon
Click for details
AI Summary
-
School corporations must specify in proposed budgets the anticipated transfer amount from education fund to operations fund, and publicly acknowledge at budget hearings if transfers will exceed 15% of total education fund revenue.
-
The Indiana Education Employment Relations Board must submit an annual report by November 15 covering teacher and administrator employment data, including salaries, tenure, retention rates, and cost-of-living-adjusted comparisons with Illinois, Kentucky, Michigan, Ohio, and Wisconsin.
-
Beginning in 2021, the Department of Education must compile an annual "excessive education fund transfer list" of school corporations transferring more than 15% from education to operations funds, and notify those districts by March 1 each year.
-
School corporations on the excessive transfer list must publicly acknowledge the notice at governing body meetings, publish it on their website within 30 days, and submit explanatory documentation within 90 days detailing why they exceeded the target and their corrective action plan.
-
The fiscal and qualitative indicators committee may require school corporations on the list for two or more consecutive years to appear at public meetings to explain their budgeting, and may issue official recommendations requiring consultation with state agencies to improve budgeting procedures.
Legislative Description
School corporation expenditure targets. Provides that a school must specify in its proposed budget the anticipated amount it will transfer from its education fund to its operations fund during the budget year and requires an acknowledgment at its budget hearing of whether it will transfer more than 15% from its education fund to its operations fund. Requires the Indiana education employment relations board to annually prepare, publish, and submit a report to the budget committee and the legislative council that covers various employment information for school employees. Provides that a school corporation shall make every reasonable effort to budget and spend for its education fund so that not more than 15% of the revenue deposited in its education fund is transferred to its operations fund. Requires the department of education (department) to identify and notify those school corporations that transfer more than the 15% amount for the previous calendar year beginning in 2020. Requires a school corporation's governing body to publicly acknowledge receipt of a notice that the school corporation is on the list and publish on the school corporation's Internet web site that it is on the list along with related items. Requires the Indiana education employment relations board and the division of finance of the department to be available to provide assistance to each school corporation that is included on the list. Requires a school corporation that is not on the list to publish this fact on the school corporation's Internet web site. Provides that, if a school corporation is over the transfer target, the school corporation is required to explain its expenditures to the department and the fiscal and qualitative indicators committee. Provides that the department may require the school corporation to present its explanation to the fiscal and qualitative indicators committee at a public meeting. Permits the fiscal and qualitative indicators committee to issue a recommendation to the school corporation, and requires posting of the recommendation on the school corporation's Internet web site.
Last Action
Public Law 161
5/1/2019